EPC Group Ends Negotiations with SSE Amid Governance Disagreements
EPC Group and the Swiss Society of Explosives have terminated their exclusive negotiations initiated on February 24, 2026, aimed at a merger in the civil explosives and drilling-mining sector. The disagreements primarily concern the terms of post-operation shareholder governance.
End of Discussions After More Than Three Months of Negotiations
The two groups had undertaken cross-due diligence work that confirmed the financial robustness and the quality of each other’s strategic positioning. The evolving demands from SSE Group, particularly regarding post-operation shareholder governance, led to the cessation of negotiations on June 1, 2026. This break occurred shortly after the official launch of the project on February 24, 2026.
EPC Group Reaffirms Its Independent Strategy
The group regrets that the merger did not materialize but remains confident in its development potential. EPC Group intends to continue its unchanged strategic directions: maintaining significant efforts in research and development for products and software developments, consolidating its position as a technological reference in explosives, drilling-mining, and urban mining, as well as continuing a demanding CSR approach. The group thus retains its growth objectives.
